Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”? If things stay relatively stable like they are right now, these moves will likely cost George Soros a tremendous amount of money. But if a major financial crisis is imminent, he stands to make obscene returns. So does George Soros know something that the rest of us do not?
The recent trading moves that Soros has made are so big and so bearish that they have even gotten the attention of the Wall Street Journal…
Worried about the outlook for the global economy and concerned that large market shifts may be at hand, the billionaire hedge-fund founder and philanthropist recently directed a series of big, bearish investments, according to people close to the matter.
Soros Fund Management LLC, which manages $30 billion for Mr. Soros and his family, sold stocks and bought gold and shares of gold miners, anticipating weakness in various markets. Investors often view gold as a haven during times of turmoil.
One thing that George Soros is particularly concerned about that I haven’t been talking a lot about yet is the upcoming Brexit vote. If the United Kingdom leaves the EU (and hopefully they will), the short-term consequences for the European economy could potentially be absolutely catastrophic…
Mr. Soros also argues that there remains a good chance the European Union will collapse under the weight of the migration crisis, continuing challenges in Greece and a potential exit by the United Kingdom from the EU.
“If Britain leaves, it could unleash a general exodus, and the disintegration of the European Union will become practically unavoidable,” he said.
But Soros is not just concerned about a potential Brexit. The economic slowdown in China also has him very worried, and so he has directed his firm to make extremely bearish wagers.
According to the Wall Street Journal, the last time Soros made these kinds of bearish moves was back in 2007, and it resulted in more than a billion dollars of gains for his company.
Of course Soros is not alone in his bearish outlook. In fact, Goldman Sachs has just warned that “there may be significant risk to the downside for the market”…
Goldman Sachs is getting nervous about stocks.
In a note to clients, equity strategist Christian Mueller-Glissmann outlined the firm’s fears that there may be significant risk to the downside for the market.
Ultimately, George Soros and Goldman Sachs are looking at the same economic data that I share with my readers on a daily basis.
As I have been documenting for months, almost every single economic indicator that you can possibly think of says that we are heading into a recession.
For instance, just today I was sent a piece by Mike Shedlock that showed that federal and state tax receipts are really slowing down just like they did just prior to the last two recessions…
US federal personal tax receipts receipts are falling fast. So is the Evercore ISI State Tax Survey.
The last two times the survey plunged this much, the US was already in recession.
Is it different this time?
And online job postings on LinkedIn have now been falling precipitously since February after 73 months in a row of growth…
After 73 consecutive months of year-over-year growth, online jobs postings have been in decline since February. May was by far the worst month since January 2009, down 285k from April and down 552k from a year ago.
Last week, the government issued the worst jobs report in nearly six years, and the energy industry continues to bleed good paying middle class jobs at a staggering rate. The following comes from oilprice.com…
That may seem counterintuitive in an industry that has been rapidly shedding workers, with more than 350,000 people laid off in the oil and gas industry worldwide.
Texas is one place feeling the pain. Around 99,000 direct and indirect jobs in the Lone Star state have been eliminated since prices collapsed two years ago, or about one third of the entire industry. In April alone there were about 6,300 people in oil and gas and supporting services that were handed pink slips. Employment in Texas’ oil sector is close to levels not seen since the aftermath of the financial crisis in 2009. “We’re still losing big chunks of jobs with each passing month,” Karr Ingham, an Amarillo-based economist, told The Houston Chronicle.
At this point it is so obvious that we have entered a new economic downturn that I don’t know how anyone can possibly deny it any longer.
Unfortunately, the reality of what is happening has not sunk in with the general population yet.
Just like 2008, people are feverishly racking up huge credit card balances even though we stand on the precipice of a major financial crisis…
American taxpayers are quick to criticize the federal government for its ever-increasing national debt, but a new study released Wednesday found taxpayers are also saddled with debt, and are likely to end 2016 with a record high $1 trillion in outstanding balances.
Wallethub, a site that recommends credit cards based on consumers’ needs, said that will be the highest amount of credit card debt on record, surpassing even the years during and before the Great Recession. The site said the record high was in 2008, when people owed $984.2 billion on their credit cards.
Will we ever learn?
This has got to be one of the worst possible times to be going into credit card debt.
Sadly, the “dumb money” will continue to act dumb and the “smart money” (such as George Soros) will continue to quietly position themselves to take advantage of the crisis that is already starting to unfold.
We can’t change what is happening to the economy, but we do have control over the choices that we make.
The Economic Collapse of America is imminent. After President Donald Trump’s Speech on congress, nobody should have any more doubt that the American Economy has been in the process of Collapsing. Donald Trump’s speech to a joint session of Congress is being hailed as his best speech ever. Even CNN’s Van Jones praised Trump, which shocked many observers. Jones said that when Trump honored the widow of slain Navy Seal Ryan Owens that it “was one of the most extraordinary moments you have ever seen in American politics”, and Jones believes that Trump “became President of the United States in that moment”. But Trump’s speech is not just being praised for that one moment. He detailed many of the most important problems that our nation is facing, and he explained his prescription for addressing those problems.
Hopefully Trump’s words helped people to understand that our problems did not get fixed just because he got elected. It is going to take extraordinary action to fix those problems, because our problems run very deep. In particular, Trump made an exceedingly strong case that the U.S. economy has been badly deteriorating for a very long period of time. The following are 11 quotes from Trump’s speech to Congress that show that the U.S. economy is in a state of collapse…
1 “Ninety-four million Americans are out of the labor force”
2 “Over 43 million people are now living in poverty”
3 “Over 43 million Americans are on food stamps”
4 “More than one in five people in their prime working years are not working”
5 We have the worst financial recovery in 65 years”
#6 “In the last eight years, the past administration has put on more new debt than nearly all of the other Presidents combined”
#7 “We’ve lost more than one-fourth of our manufacturing jobs since NAFTA was approved”
#8 “We’ve lost 60,000 factories since China joined the World Trade Organization in 2001″
#9 “Our trade deficit in goods with the world last year was nearly 800 billion dollars”
#10 “Obamacare premiums nationwide have increased by double and triple digits. As an example, Arizona went up 116 percent last year alone.”
#11 “We’ve spent trillions and trillions of dollars overseas, while our infrastructure at home has so badly crumbled”
The second financial bubble is going to soon burst, and there’s nothing anyone can do about it.
Peter Schiff stated, the Federal Reserve has set up the American economy for financial collapse and market crash for printing trillions of dollars back in 2008 and 2009.
The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious financial crisis at some point in our future, Going so far as to intimate the economic collapse will occur at least some time in the next two years Paul wrote, It’s unavoidable, and even Donald Trump can’t stop it.
Trump will be the patsy for the supposed impending financial ruin. Just like everyone blamed Obama for the financial collapse in 2009, this time, Trump will unfairly get the blame, the former Texas representative wrote. Prepare for the coming stock market crash and economic collapse.
Defense Strategy and Capabilities .Conflicts and alliances around the globe are shifting constantly, enhancing the need for reliable and timely research and analysis. CSIS analyzes a wide range of issues related to defense strategy and capabilities.
HOW TO GET PREPARED
We never know what emergency may befall us during which we may not be able to obtain food or drink.
The emergency may be loss of job or inability to work due to accident or illness. This may result in a situation where financial resources to purchase food would not be available or may be decreased appreciably. Natural catastrophe such as flood, earthquake or storms may result in temporary inability to distribute food to supermarkets.
Under these conditions even having money to purchase food does not mean it can be obtained.
Even in the United States each of the above conditions occurs occasionally. Because of the possibility of such emergencies the Civil Defense recommends storing food and drink adequate for your family’s needs for a two-week period. Certain church organizations have recommended their members “Have on hand a year’s supply of food, fuel, clothing and where possible money.”
Enough people have eaten for a long enough period of time that some conclusions on “What to Eat?” can be drawn from experience.
Some average amounts of the nutrients required for growth, maintenance and reproduction of the human system have been published.
These nutrients are distributed among the food groups:
5) bread/cereal, and
Appropriate servings from each food group combined into a daily intake will provide an adequate nutrient supply.
Food storage is viewed as a part of emergency preparedness. It is also a part of the program of a gardener to preserve and store away some of the fruits of his or her labor.
Whatever the reason a person has for storing food beyond immediate needs, planning must be done to avoid waste.
There are a number of approaches to building a food storage program. Only two wil be outlined, which can be adapted to fit individual needs. A major reason for not having food storage is the expense. A simple way to avoid a large cash outlay is to merely purchase double the items on the grocery list with each shopping excursion. The extra items are then marked with the purchase date and put into storage to be rotated out and replaced on the next shopping trip.
Perishable items such as fluid milk or eggs are difficult to work into this system.
Therefore substitutes such as nonfat dried milk may be purchased for storage. Keep in mind, however, that there is a limit to the length of time that even these semi-perishable or dehydrated items can be stored.
A disadvantage of the double purchase system is that it is not as easy to benefit from sales prices. One advantage is that items are only purchased that are routinely used in menu planning, thereby reducing waste and improving rotation.
Another approach to beginning a food storage program is to use a lump sum of money such as a tax refund or a bonus check to purchase a large amount of basics for your family.
The pamphlet “Essentials of Food Storage” has suggested that basics should include wheat, sugar or honey, salt and nonfat dried milk. While it is true that these items do store well, it is important that the family will use what they store. This list could be modified to include grain products such as wheat and white
flour, pasta products, rolled oats, rice, dried beans, split peas, lentils and other
dehydrated fruits and vegetables.
Cracked or whole wheat products do not store well
14 gallons of water per person (2 week supply)
1 pound of dry matter per person per day of dried foods
because the membranes are broken that keep the oil in the wheat germ away from the iron and other minerals in the endosperm and the bran layer. Rancidity occurs at a rapid rate. Rolled oats are heat treated which destroys the lipase enzyme and therefore will store quite well.
When establishing a food storage program do not forget:
1. Store only those items you will use. If you do not currently include a food in your diet it is not likely that you will use it.
2. Do not purchase more than you will rotate and use within a 2 to 3 year period of time
to reduce waste.
3. Insure that the quality of the item you purchase is acceptable. Quality does not improve upon storage for most foods.
Planning before you begin a food storage program will help to avoid pitfalls.
Physical Methods of Controlling Insects in Food
Clean, cool, dry storage areas are preferred. Avoid storing food in open containers on shelves. Keep food storage areas free of spilled food and food particles. Good housekeeping helps prevent insect infestations.
Deep Freeze Control for Grain
Small quantities of grain, 1 to 10 pounds, can be put in medium to heavy food grade plastic bags and placed in a deep freeze for 2 to 3 days. This will usually destroy all stages of any insect pests which are present.
As a check spread the deep freeze treated grain on a cookie tray at room temperature until thawed. If live insects are present they will probably be seen crawling about. If they are present, repeat the process. If not, remove any insect fragments, put the grain in an approved container and store it in a cool, dry place.
When packaged goods such as beans, cereals, whole grains, nut meats, and similar dried foods become infested they may be “sterilized” by heating in an open oven as follows.
Spread a shallow layer of wheat in a cookie tray or large pan. Pre-heat the oven to about 140° to 150°F. Put the tray in the preheated oven and leave it there for 30 minutes or more. The oven door should be left slightly open to avoid overheating. This treatment should destroy all stages of the insect if the layer of grain on the tray is not too thick (1/2 inch). Next, remove the tray and cool the wheat thoroughly before returning it to a clean, dry storage container. As necessary, use a fan to blow off any existing insect fragments. Where large quantities of dry food are to be treated, this method is not practical.
Heat is detrimental to the proteins in wheat and may reduce the ability of the bread to rise properly. Some reduced loaf volume and heavier texture may be apparent when using heat treated grains.
Some have seen this problem coming for a long time and changed their entire way of life by going off-grid. They have foundalternative sourcessuch as solar, wind and diesel to power their homes and machinery. A majority of us, who have not gone off-grid, are making a concerted effort to avoid dependence on this ailing infrastructure andpreparing for lifewithout it.
Food may be fumigated with dry ice as previously described.
Bay Leaves, Chewing Gum, Chanting Words and Phrases
We receive numerous inquiries asking about exotic treatments to prevent insect
infestations in stored grain. In unofficial experiments we have conducted, it was noted that some insects will continue to feed when enclosed in containers with tight fitting lids, even in the presence of these exotic suggestions. We have also concluded that chanting words and phrases fall upon deaf ears. Some consumers have reported on the effectiveness of many exotic treatments. Our investigations have shown these instances to only be effective when no insects were initially present in the food.
There are a number of different options for emergency cooking. Before we get started: For those who are new to preparedness, using an emergency generator to power an electric stove or microwave is not a good allocation of resources. Stoves and microwaves use a lot of power in a short amount of time. It’s much more practical to use other means to heat/cook your food.
How to Prepare For An Unthinkable Crisis!
There is still time for you to prepare, but you have to start learning how to make your own survival foods as soon as humanly possible. The best way to do it is to get the inside scoop on how to do it right. Fortunately, there is a way to get twenty years worth of The Lost Ways. This new food storage system is called The Lost Ways. You do not need a lot of expensive equipment to store foods for a crisis using the methods taught here. Even better, The Lost Ways pays for itself quickly as you begin to put away garden produce or even meats that you buy on sale. For most folks it’s simply the biggest bargain of their lives. You can finally become self-sufficient and any extra money saved in food expense goes right back to your pocket. Frankly, at the end of the day, The Lost Ways actually makes you money! What’s more, the videos take you by the hand, step by step, through the entire process of “putting away” almost any food you can think of. It’s very much like having a food storage professional right there with you every step of the way.
Carnivore’s Bible (is a wellknown meat processor providing custom meat processing services locally andacross the state of Montana and more. Whether your needs are for domestic meator wild game meat processing)
The Lost Book of Remedies PDF ( contains a series of medicinal andherbal recipes to make home made remedies from medicinal plants and herbs.Chromic diseases and maladies can be overcome by taking the remediesoutlined in this book. The writer claims that his grandfather was taughtherbalism and healing whilst in active service during world war twoand that he has treated many soldiers with his home made cures. )
The Lost Ways (Learn the long forgotten secrets that helped our forefathers survive famines,wars,economic crisis and anything else life threw at them)
LOST WAYS 2 ( Wordof the day: Prepare! And do it the old fashion way, like our fore-fathers did it and succeed longbefore us,because what lies ahead of us will require all the help we can get. Watch this video and learn the 3 skills that ensured our ancestors survival in hard times offamine and war.)
Survival MD (Best Post Collapse First Aid Survival Guide Ever)
Conquering the coming collapse (Financial advice and preparedness )
Liberty Generator (Build and make your own energy source)
Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)
Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )
Family Self Defense (Best Self Defense Strategies For You And Your Family)
Survive Any Crisis (Best Items To Hoard For A Long Term Crisis)
Survive The End Days(Biggest Cover Up Of Our President)
Drought USA(Discover The Amazing Device That Turns Air Into Water)
*About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.*